Netwealth Group Ltd (ASX:NWL) was founded in 1999 and is a financial services technology company that helps financial planners manage client money in a user-friendly way, whilst also reporting and charging for services. The founding Heine family still own more than half of the company.
Is the Netwealth Group Ltd (ASX:NWL) share price worth buying after it gave its September 2019 quarter funds under administration (FUA) update?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.91% on Wednesday.
The share price of Netwealth Group Ltd (ASX:NWL) rose 3.6% in reaction to the FY19 result.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.35% at lunch.
The share price of Netwealth Group Ltd (ASX:NWL) will be on watch today after revealing it had a record year in FY19.
The Hub24 Ltd (ASX:HUB) share price declined over 4% on Wednesday after responding to a media article.
Shares in financial technology business Hub24 Ltd (ASX:HUB) jumped this morning following the release of their quarterly update.
The Netwealth Group Ltd (ASX:NWL) share price fell 4% today despite stealing market share away from Praemium Ltd (ASX:PPS).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.05% at lunch.
